Hi there everyone.
Hope you are all going great. I am starting posting after a long time. There was busy time for me. So, I am starting posting again. I will post mostly on the Forex market. So, people who are following me will be informed and will be seeing on Forex posts. I am doing trading. I will share with you just my thoughts and speculation.
Today I will share my technical view on the pair NZD/JPY. This pair has huge downtrend potential. Let's have a look-
This one is Weekly chart. you can see here the trend of this pair. Downtrend is clear here without any doubt. In the Weekly chart, it also now the line.
4 Hour chart is also supporting our analysis. If it is breaking down on the red line covered area. It will be a huge fall from the mount Everest. You just have to be there. :)
Other Indicators also providing the base for the analysis. It will just need a little push from there. JPY also getting stronger against all the pairs. So, it is.
#Disclaimer:(Well, I am not a professional adviser. Just sharing my thoughts. What I learned on my way. Please Up-vote and Follow me. And let me know your thoughts about the post in the comment section.)